Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2581 - 2590 of 8419 results for "Big"

ASX on track for blockchain announcement

KARREN VERGARA  |  TUESDAY, 26 SEP 2017
... schedule for December, Stevens said, adding stakeholder consultation is still underway. Stevens said the project has been "a big undertaking" and pleased with the progress and the potential of DLT to deliver real efficiency gains for the market. "We've ...

A matter of assumptions

BENJAMIN ONG  |  TUESDAY, 26 SEP 2017
While most of the world's biggest central banks have embraced uber-transparency, the Reserve Bank of Australia (RBA) appears to still be subscribing to "fedspeak". It's still keeping Australians in the dark about its next policy movement. In its September ...

Big four ditch ATM withdrawal fees

ALEX BURKE  |  MONDAY, 25 SEP 2017
ANZ, CBA, NAB and Westpac have collectively abolished ATM withdrawal fees for non-customers. In a statement, ANZ said that non-customers will no longer be charged $2 to withdraw from ANZ-branded ATMs. ANZ group executive Fred Ohlsson acknowledged that ...

Nothing to fear from robo-advice: Magellan

DARREN SNYDER  |  MONDAY, 25 SEP 2017
... officer Hamish Douglass believes financial advisers should not fear robo-advice in an era where artificial intelligence and big data can dominate discussion. Speaking at Magellan's financial adviser national roadshow recently, Douglass said if advisers ...

Kinetic Super CIO departs

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
Kinetic Super chief investment officer Paul Kessell is departing after more than nine years of service and following the fund's decision to merge with Sunsuper. Kessell was a founding member of Kinetic Super's investment team and played a pivotal role ...

VanEck Australia makes first billion

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2017
VanEck Australia credited investors buying smart beta ETFs with helping it accumulate $1 billion in funds under management in just three years. Achieving the milestone last week, Australia's fifth largest ETF provider said recent years have seen the ...

Multi-member SMSFs shun risky investments: Research

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
The greater the number of members in a self-managed superannuation fund, the more risk averse they become, according to latest research. A joint report from SuperConcepts and the University of Adelaide's International Centre for Financial Services reveals ...

Multi-asset strategy enters Aussie retail market

DARREN SNYDER  |  THURSDAY, 21 SEP 2017
... multi-asset because if you have a benchmark it may give you more equity beta than you may want and it also means you have a big duration bias," Stevens said. The fund is working through its introduction to several major platforms and has already been ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...